Reinsurance
Apollo, CVC Planning IPO of Insurer Brit Group
Brit Insurance Holdings B.V., a Lloyd's of London insurer owned by Apollo Global Management LLC and CVC Capital Partners Ltd., is planning an initial public offering in London next month. A minimum ...
RSA Upgraded by S&P on Planned Share Sale, Buffett Risk Transfer
RSA Insurance Group Plc was upgraded by Standard & Poor's after Chief Executive Officer Stephen Hester announced a stock sale and a deal to transfer risk to Warren Buffett's Berkshire Hathaway ...
Berkshire Posts 11th Straight Year of Underwriting Profit; Buffett Expects Billions from Specialty Ops
Insurance operations contributed $5.7 billion to total operating income of $15.1 billion for Berkshire Hathaway in 2013—with an underwriting profit of $2.0 billion (after taxes) representing the ...
Ross Curtis Takes CUO Role at RenRe
RenaissanceRe Holdings Ltd. announced Wednesday that Ross A. Curtis will become the Company's Group Chief Underwriting Officer. The CUO role is currently held by President and Chief Executive ...
Effort to Put House in Order Paying Off, Says Meadowbrook CEO Cubbin
Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the "strong remedial measures" implemented to correct unacceptable ...
Treasury’s OFR Contemplating New Study of Systemic Insurance Risk
Expressing concern about risky business in the insurance sector, an advisory committee at Treasury is recommending that its financial data analysis office undertake a detailed study of the sector to ...
RSA’s Hester Taps Buffett’s Berkshire for Reinsurance
After less than a month on the job, RSA Insurance Group Plc Chief Executive Officer Stephen Hester announced a stock sale and tapped Warren Buffett for reinsurance to help strengthen the insurer ...